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Iraqi Dinar Video Update Thursday Afternoon 4-25-24

Iraqi Dinar Video Update Thursday Afternoon 4-25-24

Finally CBI Show ON Screen IQD New Rate – 2:59

World Bank Confirmed IQD RV  - 3:38

Vice President Statement iqd dinar Exchange Rate – 3:05

Iraqi Dinar Video Update Thursday Afternoon 4-25-24

Finally CBI Show ON Screen IQD New Rate – 2:59

World Bank Confirmed IQD RV  - 3:38

Vice President Statement iqd dinar Exchange Rate – 3:05

Finally CBI Show ON Screen IQD New Rate – 2:59

https://www.youtube.com/watch?v=Oh9OYHEtH8g

World Bank Confirmed IQD RV – 3:38

https://www.youtube.com/watch?v=MRE4WXuIe3M

Vice President Statement iqd dinar Exchange Rate – 3:05

https://www.youtube.com/watch?v=G1mmHtP6hgs

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

Some “Thursday News” Posted by TNT Members 4-25-2024

TNT:

CandyKisses:  US threats close the Iraqi stock exchange at a loss

Economy News - Baghdad

The Iraqi stock exchange closed the weekend session, losing 0.35%, as a result of security developments in northern Iraq after the threat of the United States of America, strikes inside Iraq.

The bourse's main index reached 1,006.5, trading 890 million shares, worth 1.1 billion dinars, through 817 deals, on the shares of 40 companies.

As for the most active companies in terms of traded shares, the Middle East Bank topped the list with 200 million shares, worth about 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.

TNT:

CandyKisses:  US threats close the Iraqi stock exchange at a loss

Economy News - Baghdad

The Iraqi stock exchange closed the weekend session, losing 0.35%, as a result of security developments in northern Iraq after the threat of the United States of America, strikes inside Iraq.

The bourse's main index reached 1,006.5, trading 890 million shares, worth 1.1 billion dinars, through 817 deals, on the shares of 40 companies.

As for the most active companies in terms of traded shares, the Middle East Bank topped the list with 200 million shares, worth about 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.

Tishwash:  Analyst: Al-Sudani is the first prime minister to work around the clock

 Political analyst Alaa Al-Azzawi confirmed today, Thursday, that Prime Minister Muhammad Shiaa Al-Sudani is considered the first prime minister to work around the clock, and his closeness to citizens increased his popularity, and Iraq has never seen a prime minister this close.

Al-Azzawi told the Iraq Observer Agency that the Prime Minister was on an official visit last week in the United States of America, and the world saw how he wandered here and there and the meetings and agreements that were concluded, as well as the meetings with senior officials in the United States of America, and when he returned to Iraq at the beginning of this week, he received On Monday, Turkish President Recep Tayyip Erdogan, in addition to holding intensive dialogues, and not least, Al-Sudani’s visit to Anbar Governorate yesterday, Wednesday, and his meeting with department directors.

He pointed out that this feeling and belonging in closeness to the citizen raised the level of trust that the citizen lost during two decades, in addition to the presence of general satisfaction with the general policy of the ministerial cabinet, which is considered the first government close to the people.  link

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CandyKisses:  Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours

Deputy: The development road will reduce the transport of goods from Basra to the heart of Europe by 72 hours

Information / Baghdad

MP Mudar Al-Karawi confirmed on Thursday the existence of 3 advantages of the Iraqi development road. 

Al-Karawi said in an interview with Al-Maalouma that "the development road is a strategic development project that will start from the ports of Basra towards Turkey and from there to the heart of Europe with land tracks, railways and investments that may reach $ 18 billion."

He added, "The road is characterized by 3 important points, most notably reducing the extent of transporting goods from Basra to the heart of Europe in 72 hours, while all similar projects in the region have a double trip in terms of time, cost and logistical challenges, which makes the development road the most important genealogy."

He pointed out that "many countries have expressed their desire to have significant investments in projects on the development road, which will be implemented in 2025."

The development road is one of the strategic projects in Iraq, which will launch its first phase during 2025.

************

Tishwash:  Will the agreements signed with the US Treasury reflect positively on the exchange rates?

Today, Thursday, economic expert Abdul Rahman Al-Mashhadani stated the possibility of Iraqi getting a green light to contract with Iranian companies that are not sanctioned by the United States, while anticipating the impact of the Central Bank’s agreement with the US Treasury on exchange rates.

Al-Mashhadani said, in an interview with Al-Iqtisad News, “The visit of the Prime Minister, Muhammad Shiaa Al-Sudani, to America is very positive, but so far the results of what was agreed upon in Washington have not appeared.”

He added: “It is hoped that the Central Bank of Iraq will announce the measures that were agreed upon in Washington, which could have a positive impact on the exchange rate,” pointing out that “the real problem of exchange rates has not yet been solved, which is dealing in trade with banned countries.” .

The economic expert explained, “The economic aspect was the main focus of Sudanese’s visit to Washington, and it became clear through the meetings and discussions held by the Central Bank of Iraq, with the US Treasury regarding the sanctions imposed on Iraqi banks or even the issue of financial transfers to Iran, in addition to the required investments, which "It is possible to sign in the energy field."

He stressed, "Iraq got the other light by contracting with unsanctioned Iranian companies, which allowed the Ministry of Electricity to sign a contract to recover Iranian gas for a period of five years, at a time when the government is heading to end this file after 3 years, according to what was announced  link

Tishwash:  The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an “important condition”

Economist Nabil Al-Marsoumi warned today, Thursday (April 25, 2024), of the dangers of floating the Iraqi dinar, noting that such a step could lead to the dinar witnessing a violent collapse and rampant inflation that would jump prices to insane levels.

Al-Marsoumi said in a post on the social networking site “Facebook”, followed by “Baghdad Today”, that “some are proposing a solution to address the double price of the dollar against the dinar and the existence of a large gap between the official and parallel prices through a free float of the Iraqi dinar,” indicating, “i.e. Turk.” The dinar is in the market to find its price against foreign currencies through the interaction of the forces of supply and demand.

 Al-Marsoumi added, “Such a decision has some economic positives,” adding, “But the economy should not be taken in its abstract aspect, but rather insofar as it relates to people, especially the poor.”

He continued, "In light of Iraq's lack of a national private sector that could contribute to increasing the supply of dollars in the Iraqi market, and because of the large volume of imports, which reach 67 billion dollars annually, the only party that owns the dollar is the government," explaining that "in the event that the government decides not to intervene." In the exchange market, it is expected that the dinar will witness a violent collapse and rampant inflation that will cause prices to rise to insane levels that will cause severe damage to citizens’ living standards, and the poor will become more miserable, and will later lead to social tensions and a major rift in the social peace.”

It is noteworthy that the floating exchange rate or currency float is the currency exchange rate that has been floated so that it has become completely liberalized, so the government or the central bank does not interfere in determining it directly, but rather it is released automatically in the currency market through the supply and demand mechanism that allows the price to be determined. Exchange the national currency against foreign currencies.

It is worth noting that the price of the dollar in the local markets is still experiencing a state of instability between rises and falls, even though the official price in the Central Bank of Iraq is 132,000 dinars per 100 dollars, but in the local markets it is witnessing an increase of more than ten points and may at times reach double this.

The number is despite the numerous measures and packages launched by the Central Bank of Iraq, where some attribute that the reason for this confusion in prices is the result of smuggling operations and speculation in the black market for currenclink

**********

Tishwash:  Will the US withdraw from Iraq?

For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan

 It is being speculated that Israel's ongoing attacks on Gaza since October have prompted a reassessment of the United States' regional policies, sparking discussions within the Joe Biden administration about the potential withdrawal of U.S. troops from Syria and Iraq.

Allegations initially raised by major media outlets like Reuters earlier in the year have resurfaced in light of recent developments in the region.

While these claims have not been officially verified, conflicting statements are emerging from official sources regarding the matter. It is widely recognized that the U.S. Department of Defense (Pentagon) has been the most resistant to the notion of ending the "endless wars," a concept often debated during the tenure of former President Donald Trump but never actualized. However, this issue transcends mere institutional sovereignty; arguments such as the ongoing fight against Daesh no longer suffice to convince the American public to support the expenditure of their tax dollars beyond their borders.

 Furthermore, the consistent support for withdrawal in Trump's stance, coupled with his rising popularity in polls leading up to the upcoming elections, adds pressure on the Biden administration to address this matter decisively.

According to reports in the international press, the issue of U.S. withdrawal from Syria has not yet been addressed. The current focus lies on the U.S. presence in Iraq. Iraqi Prime Minister Mohammed S. Al Sudani has repeatedly stated that the mission of the U.S.-led coalition forces in the country has concluded and they should withdraw.

Additionally, the Iraqi Foreign Ministry has announced an agreement between Baghdad and Washington to establish a commission aimed at initiating discussions about the future of the U.S.-led military coalition in Iraq. This commission will be tasked with determining a timetable for the gradual withdrawal of troops and the eventual termination of the coalition's presence.

Iraq vs. Afghanistan contexts

For the Biden administration, the primary concern regarding Iraq is to avoid a recurrence of the chaotic scenes witnessed during the withdrawal from Afghanistan. As Trump emphasized, such "ineptitude" not only undermined U.S. hegemony in Afghanistan but also had repercussions extending from the Gulf to Eastern Europe. The resulting power vacuum led to new regional alliances, such as the Saudi-Iran rapprochement, which excluded the U.S. Moreover, it emboldened China and Russia in their pursuit of expanding spheres of influence.

Hawks in the U.S. assert that a scenario akin to the "apocalypse" witnessed in Afghanistan would unfold should they withdraw from Iraq. However, the contexts of the two nations differ significantly. Despite enduring years of U.S. occupation, Iraq maintains a functional state apparatus and an integrated democratic political system, setting it apart from Afghanistan. Moreover, its economy is self-sustaining.

The impediments to normalization in Iraq include not only the presence of the U.S. and proxy groups like the PKK but also Iran's military presence in the region. 

In this context, Türkiye's role proves invaluable. Ankara boasts seamless political, commercial and cultural ties not only with Iraq's central government but also with the Kurdistan Regional Government (KRG) in the north. President Recep Tayyip Erdoğan's recent visit to Iraq unequivocally underscored Türkiye's pivotal role in fostering stability in the country.

Should the mutual occupation by the U.S. and Iran in Iraq cease, Türkiye could naturally assume a significant role as a mediator in the transitional phase. Such dialogue would serve as a crucial cornerstone for regional peace.  link

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Thursday Afternoon 4-25-2024

KTFA:

RMF: Probably just another coincidence but same date as ascension to WTO:

Member of the Parliamentary Finance Committee, Haitham Al-Zahwan, announced on the 21st of this month, “There is a possibility to send the 2024 budget and approve it before the legislative recess of the House of Representatives begins next May 9.

RMF:  Just another reason to believe the rate is about to change:  Wonder if it will be retro ? President Biden has formally proposed the highest top capital gains tax in over 100 years

The proposed Biden top capital gains tax rate is more than twice as high as China’s rate.

KTFA:

RMF: Probably just another coincidence but same date as ascension to WTO:

Member of the Parliamentary Finance Committee, Haitham Al-Zahwan, announced on the 21st of this month, “There is a possibility to send the 2024 budget and approve it before the legislative recess of the House of Representatives begins next May 9.

RMF:  Just another reason to believe the rate is about to change:  Wonder if it will be retro ?
President Biden has formally proposed the highest top capital gains tax in over 100 years

The proposed Biden top capital gains tax rate is more than twice as high as China’s rate.

Clare: Urgent... Source for Al-Furat News: The Council of Ministers holds a session this afternoon

4/25/2024

An informed source revealed that the Council of Ministers will hold a session this afternoon, Thursday

The source told {Al-Furat News} agency, "The Council of Ministers will hold at one o'clock this afternoon a make-up session for a session that was missed due to Prime Minister Muhammad Shiaa al-Sudani's travel to Washington last week."

The Council of Ministers holds regular sessions every Tuesday of the week.

It is noteworthy that Prime Minister Muhammad Shiaa Al-Sudani visited Washington on April 14, lasting for about a week, during which he met with US President Joe Biden and officials in his administration, including the Minister of Defense, as well as businessmen, heads of companies, Iraqi communities in the United States, and foreign media.  LINK

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Clare:  Al-Sudani will visit Saudi Arabia at the end of this month

4/25/2024

An informed political source said on Thursday that the Iraqi Prime Minister will pay a visit to Saudi Arabia at the end of this month.

The source told Shafaq News Agency: “The visit comes to participate in the special meeting of the World Economic Forum, which will be hosted by Riyadh on April 28 and 29.”

Last week, the Iraqi Prime Minister made a visit to the United States of America that lasted for several days.   LINK

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  They are telling us on TV news about Iraq accession to WTO May 9th.  FRANK:  There you go.  Iraq [will be] part of WTO as of May 9th.

Mnt Goat   The reinstatement is coming, it won’t be years anymore and I firmly believe from what we already know and what we are now witnessing, the writing is on the wall, but just not yet. Do you hold large sums of Iraqi dinar? Are they the larger three zero notes issued after 2003?  If so, you just might be a millionaire sooner than later.  In the month of April, Iraqi reforms has made monumental leaps and bounds even since 2023. Folks, it’s about to EXPLODE!  It is now openly evident...It would be foolish to turn back now. Full speed ahead, choo-choo.

Alert! STOCK MARKET FUTURES ARE CRATERING! ECONOMY MUCH WORSE THAN "EXPECTED."

Greg Mannarino:  4-25-2024

https://www.youtube.com/watch?v=RIoNZq8wz04

Peter Schiff on 50% Gold Allocation, Economy Crash Landing, Intrinsic Value & Bitcoin Regrets

Natalie Brunell:  4-25-2024

https://www.youtube.com/watch?v=h1xoaQkPmns

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

“Coffee With MarkZ” Thursday Morning Chat 4-25-2024

PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. If it’s a stream mainly about politics…I will not do notes.

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: TODAY is the day Noah’s Ark landed, and the day the Red Sea parted Expect a HUGE day today.

​​Member: Does the fiat dollar crash, the stocks crash first then the RV? Or will the RV crash the market?……

Member: Sounds like what came first- the chicken or the egg?

PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. If it’s a stream mainly about politics…I will not do notes.

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: TODAY is the day Noah’s Ark landed, and the day the Red Sea parted Expect a HUGE day today.

​​Member: Does the fiat dollar crash, the stocks crash first then the RV? Or will the RV crash the market?……

Member: Sounds like what came first- the chicken or the egg?

MZ: It was quiet overnight on the bond side. No news since yesterday. But we had such tremendous movement the last couple of days I am not worried about it.

MZ: In Iraq “ Iraq’s Federal Board of Supreme Audit exposes US $600 million corruption scandal involving “ghost travelers”  Iraq allowed people to get US cash when they said they were going to travel abroad. People were getting cash and were not traveling at all…and the money went to the parallel markets…... The US claims this is “corruption”  This is more proof paoitive they need to change that dinar rate as soon as possible.

Member: Al Sudani walked with his people and took pictures. His people were showing Sudani lots of love

Member: Yes- Nader posted a video showing Sudani walking the street, mingling with citizens letting them know he cares about them and allowing selfies.

Member: Last night on Whiskey and Winning the consensus from the guys is we are not winning this thing….How can bonds be moving ? Which means we follow and Nesara after?

MZ: It doesn’t have to be one or the other. Both sides need a economic reset. Both sides need commodities to win because that is their only way out. So both sides need the reset, bonds to move and money to change hands. But one of the sides does not want the political changes of Nesara….That is where it is a little spookier. Either way its good news for us that we have prepared ourselves .

Member: Think of this War as a "Tug of War". Our side is growing with people waking up. Their side is shrinking. It's just a matter of time, and they are panicking!

MZ: Many are preparing for a “blood letting “ tomorrow on the DOW. Tomorrow we may get some huge drops.

Member: I will be surprised if the rats don’t manipulate the market back up so the loss is minimal.

MZ: I expect a crash on Friday because more inflation numbers are coming out then. This should obliterate the hopes of a rate cut. If they do announce a rate cut- then the whole market is going to know that inflation is getting ready to go through the roof. Either way I believe tomorrows news is going to be bad. Maybe Jaime Dimons statement that a “soft landing” is never going to be an option is true?

Member: All news is bad from everyone everywhere.  There is no good news anywhere in this world right now. 

Member: Mark…thoughts…could the scare event be a market crash by chance?? A lotta people could be like “meh” with nuclear stuff, but mess with their money and “The sky is falling and world is ending”?

Member: The market has 3 levels of circuit breakers. 1st is 7%, the 2nd is 13%, and the third is 20%. We are currently only down 1.7 % for the dow.

Member:  Let's hope tomorrow is the crash we have been expecting... You can't make an Omelet without breaking a few economies

Member: Any news on the Bolivar.

Member: The Venezuelan leader's aspirations for BRICS membership are anticipated to crystallize at the upcoming summit in Russia this October. Dumping the US Dollar.

Member: Yesterday I heard when we go to redeem they look at serial numbers of our currency to see who bought them?

MZ: When you go to the bank or grocery store-do they search your serial numbers when depositing or spending it? This is more insanity that people get fed as misinformation……I want to hit myself in the head with a mallet at some of this.

Member: I believe that we need to stop the fear porn ... it doesn't matter what the rates are, trusts, serial numbers, being probed ... STOP and just realize that you are being BLESSED because U R Chosen

MZ: The Economic Ninja did a video on the Iraq currency yesterday. More and more people are talking about it.  Even Jaimie Dimon said the dinar was going to be the economic savior of the entire world. Sudani has already told us they are going to increase the value and remove the zeros. It’s going to happen.

Member: when we exchange... do we need to put all like currency together or keep each purchase separate?

Member: I put each currency in a separate envelope with the name of the currency on it and then another envelope with any receipts I had.

Member: Today's word is "exhaustipated" too tired to give a sh*t…lol

Member: Nobody better say “trust the plan” or “Its all a movie” to me today or I will explode!!!

Member: After the reset i don’t want to see or eat popcorn ever again in my life

Member: I have so many friends losing patience in this and kinda giving up. they are tired of the lies/not seeing anything happening

Member: I agree this Shit Show should have been over a LONGGG Time ago! The Suffering is becoming OBSCENE! I

Mod: SHOW US THE MONEY AND WATCH THE WORLD CHANGE IN A BLINK OF AN EYE!!!

MZ: I agree.

Member: I heard the RV delay was for our safety. Now things are under control?

Member: I can't believe after today there is only 5 days left in this month

Member: A reset/RV and Nesara would fix most problems worldwide. I pray they are not just a fairy tale or myth.

Member: If Whitehats do exist- they better do something soon or there will be nothing in this world left to save.

Member: If we only need 30% of the bond people to go before we get our turn to exchange….I beleive we are very close.

Member: Use this time to make decisions about what we want to do to help THIS World become a truly loving place for ALL to live!!

Member: I know we are all tired and frustrated but try to keep positive that “suddenly” good things will happen.

Member: Mark, thanks as always…Everyone have a nice day

Member: Mark thank you for your podcast and renewing my faith that there are still sane people still around

Mod:  DR. SCOTT YOUNG WILL BE JOINING US ON TONIGHT'S PODCAST!!

​​THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=chKxmp8dRQY

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Iraq Economic News and Points to Ponder Wednesday Evening 4-24-24

Iraq Economic News and Points to Ponder Wednesday Evening 4-24-24

More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies

Economy     breaking     Central Bank of Iraq   2024-04-23 00:11   Shafaq News/ The Central Bank of Iraq announced on Tuesday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 138 billion Iraqi dinars during the past three months.

A table of the bank, seen by Shafaq News Agency, showed that the fines imposed on banks and financial companies during the past three months, starting from January and until the end of last March, amounted to 138 billion, 377 million, 321 thousand, and 527 dinars, indicating that

 “the fines It also included 49 administrative penalties for these banks and non-banking institutions, distributed between warnings, warnings, and grace periods. The table showed that

  “the month of January witnessed the highest fines on banks and non-financial institutions, as these fines reached 98 billion, 277 million, 722 thousand, and 62 dinars, with administrative penalties amounting to 17 penalties, while the month of March witnessed the lowest fines, amounting to 5 billion and 462.”

Iraq Economic News and Points to Ponder Wednesday Evening 4-24-24

More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies

Economy     breaking     Central Bank of Iraq   2024-04-23 00:11   Shafaq News/ The Central Bank of Iraq announced on Tuesday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 138 billion Iraqi dinars during the past three months.

A table of the bank, seen by Shafaq News Agency, showed that the fines imposed on banks and financial companies during the past three months, starting from January and until the end of last March, amounted to 138 billion, 377 million, 321 thousand, and 527 dinars, indicating that

 “the fines It also included 49 administrative penalties for these banks and non-banking institutions, distributed between warnings, warnings, and grace periods. The table showed that

  “the month of January witnessed the highest fines on banks and non-financial institutions, as these fines reached 98 billion, 277 million, 722 thousand, and 62 dinars, with administrative penalties amounting to 17 penalties, while the month of March witnessed the lowest fines, amounting to 5 billion and 462.”

One million, 451 thousand, and 344 dinars with administrative penalties amounting to 15 penalties.”

 The table did not show the names of the banks on which fines and administrative penalties were imposed.

 The Association of Investors in the Iraqi Stock Exchange had criticized, in early June, the Central Bank of Iraq's increase in fines on banks, noting that it would affect the profitability of investors in the shares of these banks.  

 https://shafaq.com/ar/اقتصـاد/كثر-من-138-مليار-دينار-غرامات-المركزي-العراقي-على-مصارف-وشركات-صرافة   

Iraq And Switzerland Are Discussing The File Of Recovering Smuggled Funds And Assets

Policy     04-24-2024 | 388 views   The Chairman of the Federal Integrity Commission and Chairman of the Board of Directors of the Iraq Assets Recovery Fund, Haider Hanoun, stressed the

 need for all countries falling under the United Nations Convention against Corruption to cooperate in exchanging information and legal assistance to recover their smuggled funds and assets.

 During his meeting with anti-corruption officials in the Swiss Ministries of Foreign Affairs and Justice, Hanoun pointed out

 “Iraq’s compliance with its international obligations with regard to the provisions of the United Nations Convention against Corruption,”

 calling for assistance and assistance to be provided to the Republic of Iraq in order to recover its smuggled funds and assets,

 especially with regard to some bank accounts that the corrupt people were able to seize. Hiding the proceeds of corruption smuggled through it.”

 Hanoun gave a brief presentation on the nature of the Commission’s work and its various departments, pointing out that the

 Iraqi legislator did not limit himself to stipulating departments with deterrent and injunctive aspects, such as the investigation and recovery departments in the Commission’s law,

 but rather went beyond that to stipulate more than one department carrying out the preventive, educational and awareness-raising aspects, pointing to the work of The Commission is working to develop the state’s oversight cadres through the Iraqi Anti-Corruption Academy, noting the step of   launching diploma studies in specializations related to anti-corruption.”

During the meeting, they “reviewed the

     aspects of joint work,

     international cooperation and the provision of legal assistance, and the

     points of similarity and difference in the anti-corruption strategy (Iraqi and Swiss), as well as the

     possibility of exchanging experiences, information and training, and the

     emphasis on strengthening ties and relationships between countries,

     concluding memorandums of understanding and the role of this in

     overcoming corruption.”

     Money recovery and

     extradition process.  

https://www.alsumaria.tv/news/politics/487133/العراق-وسويسرا-يبحثان-ملف-استرداد-الأموال-والأصول-المهربة    

Parliamentary Integrity Reveals An Agreement With Interpol To Recover Fugitive Corrupt People

 Political| 10:52 - 04/23/2024   Mawazine News – Baghdad  Member of the Parliamentary Integrity Committee, Abdul Amir Al-Mayahi, revealed   new moves to proceed with amending the election law again, noting that  Parliament is coordinating an agreement between the Iraqi and international Interpol to arrest fleeing corrupt people.

  Al-Mayahi said in an interview followed by Mawazine News:

 “There is an agreement between the Iraqi Interpol and the International Interpol, to pursue any wanted person in any country, in an effort by the Iraqi Interpol to arrest the wanted persons and hand them over to the Iraqi government, and there is effective coordination with Interpol in this regard.”  He added.

 “The Integrity Committee works independently and seeks to collect the required documents regarding those accused of corruption, and

 upon obtaining proof, the committee will work to request hosting the concerned official if he is present inside the country, while submitting recommendations to the relevant authorities.”   He continued,

 “The committee is not responsible for prosecuting the wanted individuals.”

 On charges of corruption outside the country, it is the responsibility of the Federal Integrity Commission and the Iraqi and international Interpol if there are arrest warrants for certain figures of state employees who have committed corruption and of the Integrity Commission or the Public Prosecution.”  

 https://www.mawazin.net/Details.aspx?jimare=246516    

Türkiye: The Development Road With Iraq Will Link FAO To London

 Economy     Iraq     Türkiye     Development path  2024-04-22  Shafaq News/ The Turkish Minister of Transport and Infrastructure, Abdulkadir Oraloglu, confirmed on Tuesday that the

 “Development Road” project will allow goods to be transported to all European countries without interruption via a land route and railway extending from the Iraqi port of Al-Faw to the British capital, London. Oglu said in a statement followed by Shafaq News Agency,

  “Turkey, Iraq, Qatar, and the UAE signed in Baghdad a four-way memorandum of understanding for cooperation on the development road project, under the auspices of Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Muhammad Shia’a al-Sudani.” He pointed out that

"the large port of Al-Faw in Iraq is important in the project as a transit center," explaining that

 "the project will significantly reduce travel time between Asia and Europe via Turkey."  He continued:

 "Through the development road project that we are implementing based on the advanced and growing volume of trade in the world and the strategic location of Turkey,

 we will allow uninterrupted transportation to all European countries via land and railway from the port of Al-Faw to London." 

The Turkish Minister stated that "the development road will shorten the time on the ship departing from the port of Al-Faw to Europe by 15 days compared to the Suez Canal," stressing that

 "the project will open a new door with regard to regional trade."

 Yesterday, Monday, Iraq, Turkey, the UAE, and Qatar signed a four-way agreement regarding the Iraq Development Road Project, under the auspices of Iraqi Prime Minister Muhammad Shia al-Sudani and Turkish President Recep Tayyip Erdogan.

 The agreement aims to enhance cooperation regarding the Iraq Strategic Development Pathway Project, as the four countries will work to establish the necessary frameworks to implement the project, according to a statement issued by the Prime Minister’s Office.

 The Iraqi Minister of Transport, Razzaq Al-Saadawi, the Turkish Minister of Transport and Infrastructure, Abdul Qadir Oraloglu, the Qatari Minister of Transport, Jassim Al-Sulaiti, and the Emirati Minister of Energy and Infrastructure, Suhail Mohammed Al-Mazrouei, signed the agreement. Agreement on behalf of their countries.

 It is expected that the strategic development road project will contribute to stimulating economic growth and strengthening regional and international cooperation relations, as it will achieve economic integration and sustainability between East and West.

 The project will also increase international trade, facilitate the movement of goods, provide a new competitive transportation route, and enhance regional economic prosperity.

 The Iraqi Prime Minister had previously stated that the development road represents a global corridor for transporting goods and energy.

 Al-Sudani explained that the project includes a railway line to transport goods with a capacity of 3.5 million tons in its first phase, which will rise to 7.5 million tons in the second phase.

The Iraqi Prime Minister explained that the project will also include a

      land transport highway and

     energy transport pipelines, in addition to the large Al-Faw port and the

     industrial city expected to be one of the largest ports in the Middle East.

The project will generate many job opportunities for Iraq and the countries of the region, as well as opportunities for industries and businessmen, and will be a center for attracting global trade.

Many Arab, regional and European countries have expressed their willingness to participate in the Iraq Development Road Project, either by pumping investments or participating in construction work, as it constitutes an important link between Asia and Europe.

 The value of the project is estimated at about 17 billion dollars.

 It will link the large port of Al-Faw in southern Iraq to the border with Türkiye by extending the railway and road network.

The project is expected to turn the country into a transit hub by shortening travel time between Asia and Europe in an attempt to compete with Egypt's Suez Canal.  

 https://shafaq.com/ar/اقتصـاد/تركيا-طريق-التنمية-مع-العراق-سيربط-الفاو-بلندن       

Financial Inclusion Indicators
 
April 24, 2024   To/all banks    M/ Financial inclusion indicators

 He was keen to prepare a database for financial inclusion indicators in Iraq. Which will be essential to measure Financial Inclusion Rates

We attach to you a database of financial inclusion statistics and loans granted to individuals
 
Companies will collect this data quarterly and add it cumulatively to previous periods.
 
The response will be within (51) days from the date of this circular.
 
We would also like to inform you that a training workshop will be held in the hall of the Central Bank of Iraq On Monday 4/22/2024 at ten in the morning for (one day only).
 
I hope to nominate specialized representatives Two people from your bank to attend the workshop for the purpose of training on how to enter data.
 with respect.

 Attachments:
- Excel table of financial inclusion statistics
- Excel table of statistics of loans granted to individuals and companies

[approximate and incomplete translation of https://cbi.iq/static/uploads/up/file-171394410086180.pdf]

   Financial inclusion indicators.. For more, click here   https://cbi.iq/static/uploads/up/file-171394410086180.pdf
 
https://cbi.iq/news/view/2551   
 

To read more current and reliable Iraqi news please visit :  https://www.bondladyscorner.com/

 

 Provoking Points To Ponder on Failures and Mistakes

Through failure, we learn a lesson in humility which is probably needed, painful though it is.- Bill W.

A failure is a man who has blundered, but is not able to cash in the experience.- Elbert Hubbard

Like success, failure is many things to many people. With Positive Mental Attitude, failure is a learning experience, a rung on the ladder, a plateau at which to get your thoughts in order and prepare to try again.- W Clement Stone

Disappointment is the nurse of wisdom.- Sir Boyle Roche

When you make a mistake, don't look back at it long. Take the reason of the thing into your mind, and then look forward. Mistakes are lessons of wisdom. The past cannot be changed. The future is yet in your power.- Hugh White

What can any of us do with his talent but try to develop his vision, so that through frequent failures we may learn better what we have missed in the past.- William Carlos Williams

http://famousquotesandauthors.com/topics/failures_and_mistakes_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.htm

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Currency Insider Iraqi Dinar – Dong Late Wednesday Evening 4-24-24

Currency Insider Iraqi Dinar – Dong Late Wednesday Evening 4-24-24

Iraqi dinar latest evening exchange rates today on closing – 1:19

Iraqi Dinar New Rate Going Higher $3.91 – 2:24

Vietnam Dong rate update high against USD – 1:14

Currency Insider Iraqi Dinar – Dong Late Wednesday Evening 4-24-24

Iraqi dinar latest evening exchange rates today on closing – 1:19

Iraqi Dinar New Rate Going Higher $3.91 – 2:24

Vietnam Dong rate update high against USD – 1:14

 Iraqi dinar latest evening exchange rates today on closing – 1:19

https://www.youtube.com/watch?v=Ou42_0dwN4M

Iraqi Dinar New Rate Going Higher $3.91 – 2:24

https://www.youtube.com/watch?v=0wipJsNzwOQ

Vietnam Dong rate update high against USD – 1:14

https://www.youtube.com/watch?v=hO1jUPCXXhg

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Today Video Updates Late Wednesday Evening 4-24-24

Iraqi Dinar Today Video Updates Late Wednesday Evening 4-24-24

Wow Chase Bank Display IQD New Exchange Rate on Screen – 4:21

Congratulations ✅ CBI Released On Tv – 3:54

Citibank IQD Rate Was $3.91Done Believe It's actual – 3:27

US Treasury Done ✅IMF & World Bank Confirmed Iraqi Dinar RV Approved On 9th May – 2:43

Iraqi Dinar Today Video Updates Late Wednesday Evening 4-24-24

Wow Chase Bank Display IQD New Exchange Rate on Screen – 4:21

Congratulations CBI Released On TV – 3:54

Citibank IQD Rate Was $3.91Done Believe It's actual – 3:27

US Treasury Done IMF & World Bank Confirmed Iraqi Dinar RV Approved On 9th May – 2:43

 Wow Chase Bank Display IQD New Exchange Rate on Screen – 4:21

https://www.youtube.com/watch?v=sdnfXc44K4Y

Congratulations CBI Released On TV – 3:54

https://www.youtube.com/watch?v=nkW-GSgqMgk

Citibank IQD Rate Was $3.91Done Believe It's actual – 3:27

https://www.youtube.com/watch?v=0U0VzCOvWgU

US Treasury Done IMF & World Bank Confirmed Iraqi Dinar RV Approved On 9th May – 2:43

https://www.youtube.com/watch?v=V0U9uliczL8

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Thursday Morning 4-25-2024

TNT:

Tishwash:  Al-Araji from Russia: Iraq still needs the support of the international community

Iraqi National Security Advisor, Qasim Al-Araji, confirmed on Thursday that his country still needs the support of the international community to achieve stability and sustainable development.

This came in a speech he delivered at the twelfth meeting of senior officials on security issues held in St. Petersburg, Russia 2024.

Al-Araji said in his speech, "Iraq's message to the international community is a message of reassurance that our people have overcome the challenges of violence, terrorism, and sub-identities and are moving forward on the path of peace and sustainable development."

He added, "We look forward to supporting the economic process and moving the wheel of development, education, and other aspects related to the future of Iraqis, by transforming crises into opportunities for success."

TNT:

Tishwash:  Al-Araji from Russia: Iraq still needs the support of the international community

Iraqi National Security Advisor, Qasim Al-Araji, confirmed on Thursday that his country still needs the support of the international community to achieve stability and sustainable development.

This came in a speech he delivered at the twelfth meeting of senior officials on security issues held in St. Petersburg, Russia 2024.

Al-Araji said in his speech, "Iraq's message to the international community is a message of reassurance that our people have overcome the challenges of violence, terrorism, and sub-identities and are moving forward on the path of peace and sustainable development."

He added, "We look forward to supporting the economic process and moving the wheel of development, education, and other aspects related to the future of Iraqis, by transforming crises into opportunities for success."

Al-Araji pointed out that "Iraq still needs the support of the international community, to achieve the paths and requirements of managing diversity and pluralism and enhancing its national security in order to achieve sustainable stability and development."  link

Tishwash:   Sudanese Advisor: $450 billion value of future investment projects in Iraq

The Prime Minister's Advisor for Investment Affairs, Muhammad Al-Najjar, revealed on Wednesday the value of the investment projects that will be implemented in Iraq during the coming period.

Al-Najjar said in a televised statement, followed by “Al-Eqtisad News,” that “the economic growth that Iraq is currently witnessing is due to a number of reasons, the most important of which is the maintenance of stable oil prices, as this contributed to achieving financial abundance, in addition to the calm and political stability, which prompted the private sector.” To pump very large sums of money into strategic projects.”

He added, "The value of the investment projects that will be implemented in Iraq is estimated at 450 billion dollars, most of which are related to infrastructure and climate change," noting that "Qatar, Saudi Arabia, and the United States are the most prominent investing countries during the coming period, as Iraq has signed several agreements with those countries."

Al-Najjar continued, "Iraq, according to these data, will record the highest levels of economic growth in the world," noting that "the government's vision includes involving the private sector in achieving sustainable development through the implementation of various projects, especially in the areas of health and housing."

He confirmed the existence of "a package of important changes that will occur in Iraqi commercial and economic laws, as these packages were presented by the Council of Ministers to auditing bodies to be later presented to the House of Representatives." 

He revealed that "the Iraq Fund for Development is in the process of launching a project (rent and own), which means owning the property for its residents, and it is a project proposed for the first time in Iraq."   link

************

Tishwash:  Iraq alone possesses 9% of the world's reserves...a magical material to stimulate agriculture and the economy, awaiting investment

 Economic researcher Salah Al-Moussawi revealed today, Wednesday (April 24, 2024), that phosphate is a wealth that will not be depleted in Iraq for hundreds of years, while noting that it achieves a double benefit.

Al-Musawi is one of those who worked for years in the phosphate sector in western Iraq at the end of the seventies of the last century, and he is familiar with the numbers and studies that took place for years about this enormous natural wealth and how it can be invested in a way that leads to a qualitative shift in supporting the agricultural sector.

He said in an interview with “Baghdad Today” that  “fertilizer prices in global markets approached $1,200 per ton, but in Iraq it can be produced for only $200, and this difference gives farmers momentum to reduce production costs at significant rates,” stressing that “phosphate factories are capable of Producing at least one million and 200 thousand tons annually, but the numbers may double with the presence of new lines, and it could constitute a resource not only for the country but also for neighboring countries due to the difference in prices and quality.”

He pointed out that "the phosphate reserves in Iraq are sufficient to operate at current production levels for hundreds of years without being depleted, meaning that we are facing great wealth," stressing that "the Sudanese government has actually begun to move towards investing Iraq's capabilities in several areas away from the oil file because it is aware of the seriousness of the changes." The importance of diversifying the economy, giving greater importance to agriculture, and ensuring its tools, including fertilizers, for survival and growth.”

Optimally investing in phosphate would achieve two main goals at the same time, which is providing fertilizer at prices equivalent to approximately 15% of the import cost, in addition to finding a new export resource away from oil.

Iraq ranks second in the world in phosphate reserves, as Iraq alone possesses 9% of the total global reserve, according to the Iraqi Geological Survey.  link

Mot: Bet Ya Didnt Knows ~~~~~

Mot:  .. Yeppers!! - Frustrating When This Happens

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Thursday AM 4-25-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 25 April 2024 Compiled Thurs. 25 April 2024 12:01 am EST by Judy Byington

Tues. 23 April Wolverine: “An audio came out from the owner of the Pentecostal Group in Columbia. Michael Rueben who is the number one Paymaster over all the Paymasters in the World, had a meeting with the committee. He said that things have started. They are releasing to The People and we are going to have a beautiful week this week. … In Mexico the banks are closing and will be closed for five days.”

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 25 April 2024

Compiled Thurs. 25 April 2024 12:01 am EST by Judy Byington

Tues. 23 April Wolverine: “An audio came out from the owner of the Pentecostal Group in Columbia. Michael Rueben who is the number one Paymaster over all the Paymasters in the World, had a meeting with the committee. He said that things have started. They are releasing to The People and we are going to have a beautiful week this week. … In Mexico the banks are closing and will be closed for five days.

Tues. 23 April Both Wolverine and TNT Tony maintained that Reno started the Global Currency Reset process last Fri. 19 April.

Wed. 24 April TNT Tony: The governor of CBI has told the citizens to prepare for the currency exchange. The citizens of Kurdistan are expecting this to happen by Sat. 27 April. Three Letter Agencies Update: Agency 1 —-  As of yesterday……Nothing until this coming week end – the “Powers That Be” wanted three more days to get their ducks in a row. Agency 2 —- At yesterday’s meeting they told that Wells Fargo is still the lead bank because they’re the only bank willing to take anybody and everybody. They were told to stay ready. Banks are currently on standby. They still have rates on their screens, and are awaiting authorization to process you.

Tues. 23 April Bruce The Big Call Universe (ibize.com)  667-770-1866, pin123456#: “Redemption Center sources say everything will be released by the end of the week. One Redemption Center Head said ‘This is the week.’ Since Sun. 21 April 19 currencies have been going up in value on the Forex. Zim has been on par with the US Dollar and was now over par. While most currencies will top out, the Dong may continue to go up in value.”

Tues. 23 April MarkZ: “Bonds are now being paid out (made liquid). Tier4b (us, the Internet Group) will be notified to set appointments for exchanges after 30% of the bonds have been paid out. …There are people who have already received their money to spend. It’s on a descending scale and we must wait patiently our turn. Be happy that the money movement has already started.”

On Mon. 22 April an Iraqi citizen used his Central Bank of Iraq (CBI) Debit Card to purchase an item in Texas and found the exchange rate at that moment was $3.90 USD per 1 Iraqi Dinar.

~~~~~~~~~~~~~

Global Financial Crisis:

U.S. debt soars by $1 trillion every three months with interest expenses through the roof.

THE UNITED STATES IS DRAFTING SANCTIONS THAT THREATEN TO CUT SOME CHINESE BANKS OFF FROM THE GLOBAL FINANCIAL SYSTEM.

Wed. 24 April: Chase Bank app is down — many Americans report issues in accessing online banking.”

Wed. 24 April: BREAKING: Global Financial Emergency! Black Swan Event, Quantum Financial System (QFS), BRICS Alliance, Starlink Satellite System, Financial Apocalypse. . . – American Media Group (amg-news.com)

Wed. 24 April: Global Financial Crisis + Stock Market Crash + Crypto Market Crash= Space Force, StarLink, Tesla Free Energy and Global Currency Reset! – American Media Group (amg-news.com)

Wed. 24 April: https://beforeitsnews.com/financial-markets/2024/04/crisis-zone-on-the-edge-of-a-total-debt-market-meltdown-important-updates-greg-mannarino-5408285.html

Read full post here:  https://dinarchronicles.com/2024/04/25/restored-republic-via-a-gcr-update-as-of-april-25-2024/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Nader From The Mid East  This visit to United States it was really good.  All this contracts they signed...all these people want to go to Iraq to do business, start businesses.  It's great.  Now they have the ball in their hands so we see what they're going to do with it.  They're going to score or pass on the side again? 

Breitling  You have these currencies that have a lot of zeros behind it.  Comparing with these other currencies that LOPed, Iraq is a completely different case.  They don't have a market problem.  They don't have a customer problem. Where is the inflation coming from It's coming from policy.  How can they add value to their currency It's all going to be based on 100% policy.  The authority comes from parliament, the Ministry of Planning, Ministry of Finance and the Central Bank of Iraq.  They don't need any more customers.  To add value to the currency they don't need to do anything else.

Yeesss clean up the dollar $$

Nader:  4-24-2024

https://www.youtube.com/watch?v=FZlokq1kkmE

Finally, Turkey's President Visits Iraq

Edu Matrix:  4-25-2024

Finally, Turkey's President Visits Iraq - Iraq has had an ongoing series of issues with Turkey, from the water levels in the rivers to the PKK and the oil exports from Northern Iraq to Turkey. The Turkish President showed up . Issues were resolved. Agreements were signed.

https://www.youtube.com/watch?v=MBmRGUL6vI4

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Iraq Economic News and Points to Ponder Wednesday Afternoon 4-24-24

Iraq Economic News and Points to Ponder Wednesday Afternoon 4-24-24

Iraq Completes The Completion Of The Files For The Initial Offer Of Goods And Services To Join The World Trade Organization

Wednesday 24, April 2024 23:03 | Economical Number of readings: 115  Baghdad / NINA / The Ministry of Commerce announced the completion of the files for initial offers for goods and services and their official submission to the Secretariat of the World Trade Organization through official channels.

Minister of Commerce Atheer Al-Ghurairi, Chairman of the National Committee concerned with Iraq’s accession to the World Trade Organization, said: “This important step comes in the context of the Iraqi government’s efforts and its program aimed at promoting international trade and achieving sustainable development, which reflects its commitment to ensuring global economic integration and expanding economic partnerships.” .

He added “The National Committee, the technical committees emanating from it, and the accession team in the Ministry were able, within a short period of time, to complete these files and submit them to the organization in preparation for holding the third meeting of the working group on Iraq during the current year, 16 years after the date of the second meeting of the group in 2008.”

Iraq Economic News and Points to Ponder Wednesday Afternoon 4-24-24

Iraq Completes The Completion Of The Files For The Initial Offer Of Goods And Services To Join The World Trade Organization

Wednesday 24, April 2024 23:03 | Economical Number of readings: 115  Baghdad / NINA / The Ministry of Commerce announced the completion of the files for initial offers for goods and services and their official submission to the Secretariat of the World Trade Organization through official channels.

Minister of Commerce Atheer Al-Ghurairi, Chairman of the National Committee concerned with Iraq’s accession to the World Trade Organization, said: “This important step comes in the context of the Iraqi government’s efforts and its program aimed at promoting international trade and achieving sustainable development, which reflects its commitment to ensuring global economic integration and expanding economic partnerships.” .

He added “The National Committee, the technical committees emanating from it, and the accession team in the Ministry were able, within a short period of time, to complete these files and submit them to the organization in preparation for holding the third meeting of the working group on Iraq during the current year, 16 years after the date of the second meeting of the group in 2008.”

He pointed out that the World Trade Organization (WTO) and international circles welcomed Iraq's return to the negotiating table.

Al-Ghurairi stressed: “The two files for the initial offer of goods and services, which were submitted, included a wide range of products and services that reflect the diversity and competitiveness of the Iraqi economy and their negotiation,” noting: “

Work is underway to prepare the Iraqi negotiating team and build the team’s negotiating capabilities for the purpose of initiating a contract.” Negotiating rounds with member states of the organization in order for Iraq to obtain membership in the organization.

He explained: “The Department of Foreign Economic Relations, through official channels of dealing with the organization, is working on completing all requirements for accession in order for Iraq to obtain membership in the organization and to enhance Iraq’s integration into the multilateral trading system.”

It is worth noting that the World Trade Organization (WTO) has issued the annual report on the accession of observer countries, and praised the efforts led by the Ministry of Commerce through its chairmanship of the National Committee, and that Iraq is the only Arab country whose accession process has become active, and has passed advanced stages among the Arab countries that have It holds the status of an observer member.  https://ninanews.com/Website/News/Details?key=1122971

Increase In Foreign Remittance Sales At The Central Bank Auction

Money  and business Economy News – Baghdad  External remittances at the Central Bank of Iraq auction increased by 95% today, Wednesday, at the expense of cash sales, to reach $266 million.

In its auction today, the Central Bank sold 279 million and 556 thousand and 200 dollars, which it covered at a base exchange rate of 1,305 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,310 dinars per dollar in cash.

Most of the dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 266 million 256 thousand and 200 dollars, an increase of 95% over cash sales amounting to 13 million and 300 thousand dollars.

The number of banks that purchased cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 12 banks, and the total number of exchange and brokerage companies participating in the auction was 117 companies. 96 views   04/24/2024  PM  https://economy-news.net/content.php?id=42783

Sudanese Advisor: $450 Billion Value Of Future Investment Projects In Iraq

Advisor To The Prime Minister For Investment Affairs, Executive Director Of The Iraq Fund For Development, Muhammad Al-Najjar

Reconstruction and building   Economy News – Baghdad   The Prime Minister's Advisor for Investment Affairs, Muhammad Al-Najjar, revealed on Wednesday the value of the investment projects that will be implemented in Iraq during the coming period.

Al-Najjar said in a televised statement, followed by “Al-Eqtisad News,” that “the economic growth that Iraq is currently witnessing is due to a number of reasons, the most important of which is the maintenance of stable oil prices, as this contributed to achieving financial abundance, in addition to the calm and political stability, which prompted the private sector.” To pump very large sums of money into strategic projects.”

He added, "The value of the investment projects that will be implemented in Iraq is estimated at 450 billion dollars, most of which are related to infrastructure and climate change," noting that "Qatar, Saudi Arabia, and the United States are the most prominent investing countries during the coming period, as Iraq has signed several agreements with those countries."

Al-Najjar continued, "Iraq, according to these data, will record the highest levels of economic growth in the world," noting that "the government's vision includes involving the private sector in achieving sustainable development through the implementation of various projects, especially in the areas of health and housing."

He confirmed the existence of "a package of important changes that will occur in Iraqi commercial and economic laws, as these packages were presented by the Council of Ministers to auditing bodies to be later presented to the House of Representatives."

He revealed that "the Iraq Fund for Development is in the process of launching a project (rent and own), which means owning the property for its residents, and it is a project proposed for the first time in Iraq."

Views 117   04/24/2024 - https://economy-news.net/content.php?id=42789

The Stock Market Closed 2.48% Higher After The Iraqi Openness With Türkiye And America

Market  Economy News – Baghdad  The Iraqi Stock Exchange closed today, Wednesday, up by 2.48%, after the positive developments in the Iraqi economy as a result of the signing of agreements with Turkey and America.

The stock exchange traded shares of 44 companies, with 3.6 billion shares worth 1.5 billion dinars, through 866 transactions.

The Bank of Baghdad continued its rise since the beginning of the week, as it rose today by 6.55% and reached 4.39 dinars, and the Iraqi Islamic Bank also rose by 10.57% and reached 1.36 dinars, after announcing the date of the General Assembly meeting and increasing its capital to 325 billion dinars.

The banking sector ranked first among the most traded companies, with shares traded reaching 3.5 billion shares.    98 views 04/24/2024 - https://economy-news.net/content.php?id=42778

Oil Rises After A Decline In Us Inventories

Economy | 08:39 - 04/24/2024   Mawazine News – Baghdad   Oil prices rose in early trading, today, Wednesday, continuing their gains in the previous session after industry data showed a sudden decline in US crude inventories last week, in an indicator... Demand increased and attention shifted away from hostilities in the Middle East.

Brent crude oil futures rose nine cents, equivalent to 0.1 percent, to $88.51 per barrel by 00:31 GMT. US West Texas Intermediate crude futures also increased. Ten cents, or 0.11 percent, to $83.45 per barrel. According to reports seen by Al-Naeem News.

Market sources, citing figures from the American Petroleum Institute, reported that US crude inventories fell by 3.237 million barrels in the week ending April 19. In contrast, six analysts polled expected... Reuters reported an increase of 800 thousand barrels.

Traders are awaiting official US data on oil inventories and products scheduled to be released at 10:30 am US time. United States (1430 GMT) to confirm the significant decline in inventories.

Meanwhile, expectations are growing that the UK and EU will cut. Interest rates in June, which may help support economic growth, thus increasing demand for oil.

https://www.mawazin.net/Details.aspx?jimare=246586

 

To read more current and reliable Iraqi news please visit :  https://www.bondladyscorner.com/

 

Provoking Points To Ponder on Failures and Mistakes

There are no mistakes. The events we bring upon ourselves, no matter how unpleasant, are necessary in order to learn what we need to learn; whatever steps we take, they're necessary to reach the places we've chosen to go.- Richard Bach

Failure is instructive. The person who really thinks learns quite as much from his failures as from his successes.- John Dewey

Failure is a school in which the truth always grows strong.- Henry Ward Beecher

The important thing is to learn a lesson every time you lose.- John McEnroe

It's good to fail now and again - you learn a lot more out of failure than you do out of success.- Ian Hunter

One of the reasons mature people stop learning is that they become less and less willing to risk failure.- John W. Gardner

http://famousquotesandauthors.com/topics/failures_and_mistakes_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.htm

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Iraqi Dinar Video Update Wednesday Afternoon 4-24-24

Iraqi Dinar Video Update Wednesday Afternoon 4-24-24

Iraq President Announce IQD New Exchange Rate – 2:59

Iraqi Dinar RV Processing Big Happening – 3:08

Iraqi Dinar Set 3.91$ New Rate – 3:41

Iraqi Dinar Parlimentry Finance Announced 2024 Budget Schedule – 3:40

Iraqi Dinar Video Update Wednesday Afternoon 4-24-24

Iraq President Announce IQD New Exchange Rate – 2:59

Iraqi Dinar RV Processing Big Happening – 3:08

Iraqi Dinar Set 3.91$ New Rate – 3:41

Iraqi Dinar Parlimentry Finance Announced 2024 Budget Schedule – 3:40

 Iraq President Announce IQD New Exchange Rate – 2:59

https://www.youtube.com/watch?v=MIAale4I1oI

Iraqi Dinar RV Processing Big Happening – 3:08

https://www.youtube.com/watch?v=Qjd-z1TuLU4

Iraqi Dinar Set 3.91$ New Rate – 3:41

https://www.youtube.com/watch?v=LRG2zfOgAB4

Iraqi Dinar Parlimentry Finance Announced 2024 Budget Schedule – 3:40

https://www.youtube.com/watch?v=oivss4aSqi8

Read More